01607cam a22002417 4500001000600000003000500006005001700011008004100028100002000069245012300089260006600212490004100278500001000319520065400329530006100983538007201044538003601116700002201152710004201174830007601216856003701292856003601329w2154NBER20150331145258.0150331s1987 mau||||fs|||| 000 0 eng d1 aAbel, Andrew B.10aSpecification of the Joy of Givingh[electronic resource]:bInsights from Altruism /cAndrew B. Abel, Mark Warshawsky. aCambridge, Mass.bNational Bureau of Economic Researchc1987.1 aNBER working paper seriesvno. w2154 a1987.3 aThis paper analyzes the joy of giving bequest motive in which the utility obtained from leaving a bequest depends only on the size of the bequest. It exploits the fact that this formulation can be interpreted as a reduced form of an altruistic bequest motive to derive a relation between the value of the altruism parameter and the value of the joy of giving parameter. Using previous discussions of an a priori range of plausible values for the altruism parameter we then derive plausible restrictions on the joy of giving parameter. We demonstrate that this parameter may well be orders of magnitude larger than assumed in the existing literature. aHardcopy version available to institutional subscribers. aSystem requirements: Adobe [Acrobat] Reader required for PDF files. aMode of access: World Wide Web.1 aWarshawsky, Mark.2 aNational Bureau of Economic Research. 0aWorking Paper Series (National Bureau of Economic Research)vno. w2154.4 uhttp://www.nber.org/papers/w215441uhttp://dx.doi.org/10.3386/w2154